The global commercial aerospace seating market is expected to grow at a CAGR of 5.2% over 2015-2020. An increase in the number of aircraft deliveries, increasing global air traffic & passenger seating capacity, retrofitting of seats and requirement of stronger, durable, aesthetically appealing seats are all adding to the growth of this market.
Lucintel, a leading global Management Consulting
and market research firm, has analyzed the global commercial aerospace seating market by region, aircraft type, and product type and offers its findings in its comprehensive research report, “Growth Opportunities in Global Commercial Aerospace Seating Market 2015-2020: Trends, Forecast and Opportunity Analysis.” This report provides an in-depth analysis of the global commercial aerospace seating market, including current and emerging market trends, competitive landscapes, company profiles, and key drivers of the industry growth.
The global commercial aerospace industry growth is driven primarily by increase in global air travel. Airlines are constantly looking at different approaches in rolling out strategic changes in altering cabin configuration that increase passenger carrying capacity. The new ergonomically designed aircraft seats are becoming lighter (through greater use of composites) without sacrificing comfort or reliability and come with the added bonus of reducing fuel burn, despite additional passengers.
A key feature of emerging trends has been intensive R&D in evolving main cabin seating solutions, scalable for both narrow and wide-body aircraft. Wider seats and reduced seat pitch have been proved to increase seat count with equivalent comfort.
The global commercial aerospace seating market is highly consolidated. The top players, such as B/E Aerospace, Zodiac Aerospace and Recaro Aircraft Seating have the ability to supply seating systems for various types of aircrafts. The key players are focusing on forging strategic alliances while also exploring the M&A route for business growth. By region:
The report includes forecast of the global commercial aerospace seating market through 2020 by value ($B), and categorized under the following heads:
· North America
· Asia Pacific (APAC)
· Rest of World
By aircraft type:
· Commercial Aircraft
· Regional Aircraft
· Business Jets
By product type (comfort and luxury):
· Economy class
· Premium Economy class
· Business class
· First class
Lucintel forecasts APAC and ROW, driven by encouraging growth in emerging economies, growing at a faster pace than North America and Europe and driving global air traffic. The commercial aircraft segment is anticipated to grow at a faster pace (5.7% CAGR) because of the increase in global air travel. First class and Suites are expected to grow significantly (8.3% CAGR), as evidenced by Etihad, British Airways, and others, revolutionizing the entire concept of cabin layout and seating. This 133-page fact-filled research report enables confident business decisions in a competitive marketplace. For a detailed table of contents and pricing information, contact Lucintel at +1-972-636-5056 or click on this link
http://www.lucintel.com/reports/aerospace_defense/global_commercial_aerospace_seating_market_analysis_and_outlook_2013-2020_may_2013.aspx or via email at firstname.lastname@example.org.
For further information, visit www.lucintel.com.